According to IRS statistics the average American family receives an annual tax return of around $3,000. While that’s not exactly a life-changing sum, it is enough to shore up your financial situation quite a bit if you use the money wisely. While many people treat their tax return as found money and quickly blow it all on a family vacation or big screen television for the … [Read more...]

These small business tax deductions can help cut your tax bill and increase your profits. A smart business owner like you knows you need to watch every expense, including your tax bill. While you can’t avoid taxes altogether (unless you want to risk going to jail) you can do your best to pay as little in taxes as possible by taking every legal deduction you're entitled … [Read more...]

As if you needed another reason to join Amazon Prime... Tax season is here and if you're smart you are already getting your tax documents in order in anticipation of the IRS deadline of April 15. Don't wait until the last minute! I've always done our taxes myself...in the beginning when I was single and only had my wages to think about I filled out a 1040EZ form and … [Read more...]

This review of Turbo Tax is going to be a little different from all the others out there. I’m not going to bore you to death listing every possible Turbo Tax feature when everyone else is already doing that. If that's what you want you can see all of that right on the Turbo Tax site here. Instead, I’ll tell you why I use Turbo Tax myself and why I’ll never use anything else to … [Read more...]

If you're owed a refund, nothing beats filing your taxes and waiting for that refund. During the 10 days you're waiting for your deposit, you'll likely think of several things you can do with the extra money. What a nice problem to have, especially if you have a few thousand dollars coming back to you. However, for many other Americans, April 15th is a chaotic, stressful … [Read more...]

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